Ziglu is a financial technology entity that allows a user to access both Forex and digital currencies seamlessly. The company permits a user to use any currency via its Mastercard debit card and protects the user's digital currency up to £50,000 against cyber-attacks. Ziglu is authorised by the UK's Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI) and is one of the first companies involved with digital currencies to be registered under the UK’s Anti-Money Laundering Regulations (AMLR). The company has achieved a 94% rating on TrustPilot, offers customers the option to send money via cryptocurrency, and previously raised £5.25 million in seed funding. Ziglu has featured in media entities like Coindesk and Yahoo Finance. It will use 30% of the investment in product development, 60% on user acquisition, and 10% on international expansion initiatives.
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Ziglu Rating Review
Pitch rating powered by CROWDRATING™
Rated on 24/09/2020
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£45,221,391
pre-money valuation
2.16%
equity available
1,223
investors
£2,487
pledge per investor
09204810
company number
Active
company status
05/09/2014
incorporated 10 years
Previous Funding rounds
25 Apr 24 | Seedrs | £3,041,878 / 304% | 83.67% |
Officers
Vesna MCCREERY
Appointed: 01-11-2017
News
Ziglu Adds Experience by Appointing Simon McNamara to Board of Directors - Fintech Finance
04/03/2024 Fintech Finance
Ziglu founder Mark Hipperson rejoins company as executive chairman - FinTech Futures
30/10/2023 FinTech Futures
Crypto firm Ziglu plots sale after collapse of Robinhood deal - Sky News
23/03/2023 Sky News
Ziglu bids to raise funds at a bargain-basement valuation - Finextra
23/03/2023 Finextra
Robinhood to acquire UK crypto group Ziglu - Financial Times
19/04/2022 Financial Times
Robinhood slashes acquisition offer to crypto app Ziglu by more than half - Sifted
17/08/2022 Sifted
Ziglu London crypto founder steps down after collapsed Robinhood deal - Financial News
13/02/2023 Financial News
Ziglu Makes Tezos and Native Digital Coin Tez Available to its Community - The Fintech Times
06/04/2021 The Fintech Times
Robinhood acquires UK crypto company Ziglu - Investors Chronicle
19/04/2022 Investors Chronicle
Robinhood revives plans to launch in the UK with deal to buy crypto app Ziglu - CNBC
19/04/2022 CNBC
What the ratings mean
RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.